Utah § 53H-8-609 Board pledges -- Attachment of lien -- Recording unnecessary.

Utah Statutes

§ 53H-8-609 — Board pledges -- Attachment of lien -- Recording unnecessary.

Utah § 53H-8-609

Title 53HHigher Education

Ch. 53H-8Finance

Part 53H-8-6Higher Education Loans

This text of Utah § 53H-8-609 (Board pledges -- Attachment of lien -- Recording unnecessary.) is published on Counsel Stack Legal Research, covering Utah primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Utah Code Ann. § 53H-8-609 (2026).

Text

(1)A pledge made by the board is valid and binding from the time the pledge is made.

(2)The money or property pledged and subsequently received by the board is immediately subject to the lien of the pledge without physical delivery or further act.

(3)The lien of the pledge is valid and binding against all parties having a claim in tort, contract, or otherwise against the board, irrespective of whether the parties have notice of the claim.

(4)Neither the resolution nor another instrument by which a pledge is created need be recorded.

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(1) A pledge made by the board is valid and binding from the time the pledge is made.
(2) The money or property pledged and subsequently received by the board is immediately subject to the lien of the pledge without physical delivery or further act.
(3) The lien of the pledge is valid and binding against all parties having a claim in tort, contract, or otherwise against the board, irrespective of whether the parties have notice of the claim.
(4) Neither the resolution nor another instrument by which a pledge is created need be recorded.